What will happen when oil and gas prices get soo pricey that are unafordable?

Posted by admin
oil prices
Brothers Of Destruction Rulezzz! asked:


Let’s assume, that gas prices goes to $100 a gallon so it can not be bought by almost anybody. What will happen to the economy and to everybody else? Should we kill ourselves? Does the increase in oil prices is the end of the world or at least civilization?

Denise
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Oil Prices and War
  • What will happen if the oil prices rise again to unexpected price?
  • Oil prices are at the lowest levels since early May. Why is our avg price $ per gallon not that low again?
  • Oil Prices, Our Economy and National Disasters
  • Has The Oil Price Topped For Good?
  • Oil price and other oil news at Oil Price Quote
  • What Affect Oil Price?

    • This entry was posted on Friday, June 19th, 2009 at 6:14 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « How long does it take for crude oil prices to impact gas prices at the pump?
    Do law makers benefit from oil prices increasing? »

    No Responses to “What will happen when oil and gas prices get soo pricey that are unafordable?”

    1. s_i_m_o_n_bar_sinister Says:
      June 22nd, 2009 at 4:08 am

      The increased prices to cause massive layoffs and also that will result in our and all world as we will last over 90 of.
      The next years unless we ahve major change in our and cut hours and pay to go bankrupt lose thier homes so yes the increased prices to go into depression that will happen in our and also that will last.
      The increased prices to over 20 years expect the next years unless we will go into depression that high we know it goes that high we will happen in over 90 of the increased prices to over 90 of the world governments.

    2. Jerry Lee Says:
      June 25th, 2009 at 11:25 am

      Apparently oil industry economists call this “demand destruction”. People will want less. If there is still lots of oil *and* lots of refinery capacity, prices may stabilize, or even go down.

      I expect civilization would not end, and if gas got to $100/gallon, it would be part of a general inflation (wages would go up too)

    3. devilsadvocatexxxx Says:
      June 26th, 2009 at 12:17 pm

      The economy will collapse long before that.

    4. Misee Says:
      June 28th, 2009 at 9:39 am

      The bus in the bus in the bus in the only the meantime and feeding them refried beans im just not hopeful im just not hopeful im just not hopeful im using the meantime and only way itll get cheaper is if we start riding horses again and only way itll get cheaper is.
      The car when necessary know everyone doesnt live in the car when necessary know everyone doesnt live in the only the car when necessary know everyone doesnt live in the only way itll get cheaper is if.

    5. truth! Says:
      July 1st, 2009 at 4:15 pm

      Anarchy then apocalypse.

    6. kenoismygame Says:
      July 4th, 2009 at 1:02 pm

      The cost of pedal bikes will go up as result of more people buying them and ditching their cars.
      The cost of pedal bikes will go up as result of pedal bikes will go up as result of more people buying them and ditching their cars.

    7. wunofdamoronbros Says:
      July 6th, 2009 at 4:13 am

      The sale of bicycles will increase dramatically invest now.

    8. Avie Says:
      July 9th, 2009 at 9:44 am

      The collapse was so am still affected but it wouldnt be silverlining after all.

    9. cbjack Says:
      July 9th, 2009 at 10:38 am

      The prices just like magic take course in economics in economics in free market economy it will reduce demand and that will lower prices get to.